A Double Issue for the 4th!     

Happy 4th Weekend, Have A Read About SF Real Estate Before the Fireworks (or Fogworks)      

Welcome to a special double issue of In The Know. We figure that over the holiday weekend you might get bored eating watermelon, scraping off that barbecue grill or deciding which red cup was yours (it’s the one that’s full by the way) so we wanted to give you some more stuff to read than usual. And as we take time to celebrate freedom this weekend we can now celebrate the freedom to marry (think of all that community property) and of course the freedom of no longer having a landlord we also wanted to say thank you all of you who are loyal readers, supporters, well-wishers and, of course, clients.

You’re all part of our extended community and family. You’re all how and why me, Jonathan and Raffi work hard as we know how central our work cab be for so very many of you and to our community at large. Clearly, we’re in a good mood. Not only because we too can get hitched in all 50 states but also because we have good real estate news to report too. We’ve worked tirelessly with our sellers and buyers but with Jonathan’s increasing role in our business, we punched it up these past couple of weeks and can report the following.

Sold! Buyer Represented. 3 Bed/3 Bath/Parking. $902,000.

• Over the past several months we’ve been helping a lovely, fun and exuberant buyer and her boyfriend in their purchase of a luxurious, large and light-filled condo in the Bayview at 5900 3rd Street, Number 2216. This is a 3-bed, 3-bath, + parking, 1600+ sqft near-new condo that closed at $902,000. This transaction has thrown lending curve-ball after curve-ball but with the help of our lender at Citibank, Tony Alencar, we were able to get the couple into their new home. Congrats!

• We’ve been working with a sweet, young professional couple search for a home for the past 5 months now looking at so many homes, Jonathan having sent more than 100 listings to them and me sitting down and considering the possibilities a given space if they renovated. That being said, we found a top-floor, penthouse space in Noe Valley with nearly 1900 sqft that was newly remodeled for sale at 1005 Noe, Number 3. With 3 bedrooms, 3 bathrooms, parking, skylights, 2 decks, 2 jet bathtubs perhaps the crowning feature here: air conditioning! Listed at $1.845M we submitted an offer that trumped a higher-priced offer just shy of $2M. The other offer included an inspection contingency period while we conducted a pre-offer inspection that really left a lasting impression with the sellers while also giving our buyers peace of mind that their money was being well-spent.

And on the listing side…

• 

  In Contract! Seller Represented. List $899,000

  We’ve also been working with our seller at 175 Bluxome, No. 327 for months now updating the entire look for the sale, we handpicked all of the finishes for our seller and passed on our trade discount in the process. Overseeing the complete remodeling of 2 bathrooms, updating the kitchen (Jonathan has a keen eye for new appliances), changing all of the lighting (recessed, designer wall sconces, chandelier), carpet, paint and trim details took this ho-hum place built in the late 1990s into a modern and sophisticated home that is just right for an investor, professional couple or folks looking for a pied-et-terre. Listed for $899,000 and in contract above $900,000

• And the past few weeks have been intense in terms of getting the big fixer at 1072 Noe, right at 24th Street ready for market. From working with the family who own the property, to coordinating clearing the yard of years of overgrowth to emptying the house of more than 40 years of possessions, to showing the couple of hundred folks and 100+ brokers who came to see this rarity, we took offers this past Wednesday. Listed at $1.898M, we received 6 and are in contract close to $3M andare scheduled to close in just a couple of weeks.
  

  In Contract! Seller Represented. Listed at $1.898M

 We have more properties in the works for you including a Mission Dolores richly restored condominium in the middle of it all and a value-priced large home in South San Francisco we have a strong 6 months ahead of us. But please remember that we’re never too busy to help you and yours out when it comes to real estate! 

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